TEE top end energy limited

telespazio, italy, orders beam terminal units

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    ITALIANO !!!!!! MANJARE !!! :)))

    Announcement for Immediate Release

    Telespazio, Italy, orders Beam terminal units

    Tele-IP announced today that its wholly-owned subsidiary, Beam Communications Pty Ltd,
    has received an initial order from Telespazio of Italy. The value of the initial order is in excess
    of $175,000. Telespazio S.pA is a Finmeccanica (67%) and Alcatel (33%) joint venture and is
    a leading worldwide satellite service provider.


    Telespazio plays a leading role in the reference markets applying its technological know-how
    and long term experience to satellite management and navigation, broadband multimedia
    telecommunications and earth observation services.

    Telespazio designs, develops and manages telecommunication networks for various
    applications such as telemedicine, distance learning and disaster recovery
    telecommunications. Telespazio also develops and manages systems for the broadcasting,
    distribution and transport of television signals via satellite.


    Mr Michael Capocchi, General Manager of Beam Communications, said “The order from
    Telespazio is very positive for Beam’s continuing expansion into the global satellite markets.
    Beam has worked very closely with Telespazio over the last 12 months. Now that a number
    of customer applications have reached commercialization, we are in the final stages of
    negotiating on ongoing partner agreement with Telespazio.”
    About Telespazio S.p.A.


    Telespazio, a joint venture between Finmeccanica (67%) and Alcatel (33%), is a world leader
    in satellite services: from management of satellites to Earth observation services, and satellite
    navigation to broadband multimedia telecommunications. Telespazio plays a leading role in
    the reference markets harnessing technological experience acquired over the years and
    through its participation in major European space programs such as: COSMO-SkyMed and
    Galileo.


    Finmeccanica also boasts significant manufacturing assets and skills in the transport, energy
    and IT sectors. The group is listed on the Milan stock exchange, and operates in Italy and
    247044_1.DOC
    abroad through 16 companies and 6 joint ventures. It employs around 51,000 staff in total. As
    part of its drive to maintain and build on its technological expertise, Finmeccanica spends the
    equivalent of over 16% of its revenues on research and development.

    Telespazio S.p.A.
    Via Tiburtina, 965 • 00156 Roma (Italy)
    Press Office
    Tel: (+39) 06 4079.6252/3291
    Fax: (+39) 06 4099 9910
    [email protected]
    www.telespazio.it


    About Beam Communications Pty Ltd

    The Beam subsidiary was established in late 2002, making a substantial investment in the
    development and manufacturing of Remote Satellite Communications solutions for the global
    telecommunications market. Beam became the first company to design and manufacture a
    fully compliant POTS (Plain Old Telephone Service) emulation system for the Iridium Satellite
    network.
    Now one of the leading global manufacturers of Iridium-based satellite communications
    equipment, Beam offers the widest range of Iridium solutions across all market segments.
    Beam prides itself on its ability to develop broad market applications as well as specific
    dedicated products and solutions.
    More information www.beamcomm.net
    About Tele-IP Limited
    Tele-IP is an Australian company focused on the development and sale of products and
    services to the telecommunications markets in Australia and overseas through Beam
    Communications and also through its network services division and recently acquired PBX
    reseller businesses, providing it with access to over 4,000 customers.
    More information www.tele-ip.com

    Yours faithfully,

    Ian May
    Managing Director
 
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